When starting your photography business, legal structures might be the last thing on your mind. But choosing between sole proprietor vs. LLC is an important decision that impacts your taxes, liability, and long-term success. So, which one is right for you?
In my latest YouTube video, I break down:
📸 What it means to be a sole proprietor (spoiler: you probably already are one!).
📸 The benefits of forming an LLC and when it makes sense to switch.
📸 How each option affects your taxes—because, yes, that matters!
📸 A simple way to decide which structure is best for where you’re at in your business journey.
If you’ve ever wondered whether you should stay a sole proprietor or take the leap into LLC territory, this video will give you the clarity you need!
🎥 Watch the full video here → https://youtu.be/cgUG8MJ3NR4
And while you’re at it, don’t forget to grab my free masterclass, “Maximizing Your Tax Deductions as a Photographer.” I’ll walk you through the top five deductions most photographers miss—so you can keep more of your hard-earned income. See you in the video!
XOXO – Heather
Few things make me more excited than getting the chance to help another photographer prepare for an easier tax season (and keep more of their hard-earned income! So, don’t forget to sign up for my free class — Maximizing Your Tax Deductions as a Photographer.
Give me an hour of your time, and I can show you:
➡️How to reduce your tax liability and improve your cash flow with tax deductions.
➡️The 5 key deductions every photographer needs to know about (and should probably be using).
➡️What qualifies for these deductions, and what doesn’t.
➡️How to calculate the deductions that aren’t simple and straightforward.
Last year I cut my taxable income by $12,817 just by utilizing the 5 key deductions I’m going to be sharing with you, so this is a class you won’t want to miss!
Let’s Prep for Tax Season – Together
Keep more of what you make inside of your business with these 5 key deductions for photographers. I’m sharing all inside of my free class — Maximizing Your Tax Deductions as a Photographer!
Make tracking your numbers easy with my Tax Prep Spreadsheet and ensure that tax season is a breeze.
Transform your passion into a thriving business and unlock success for your photography business with my free guide to setting goals for the first year of your photography business.
Mastering your business taxes starts with understanding the different tax categories. Grab my free tax category guide to take the first step towards stress-free taxes today.
Want taxes to suck less? Learn how to correctly prepare your taxes for your accountant with the Photographer Tax Course – and say hello to a confident and calm tax season!
Don’t know what you don’t know? You’re just 90 minutes from a custom tax prep system with my 1:1 Tax Prep Mentoring sessions!
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